Corner-Lot Quadplex with Private
For Sale
Contact for pricing
3300-3302 SW 10th St, Miami, FL 33135
A varied unit mix offers central A/C, private laundry, patios, outdoor storage, and parking.
Property Size3,522 SF
Lot Size0.21 Acres
Price / SF$269.70
Days on Market162
Property Features for 3300-3302 SW 10th St
General Information
Standard status
Active
Size
3,522 SF
Total Parking Spaces
6
Lot size
0.21 Acres
Property subtype
Multifamily
Zoning
5700
Property Condition
Severity
Repairs Needed
Evidence
some updates could further enhance its value
Units
Unit Mix
1 x 3/2, 1 x 1/1, 2 x studio
Multifamily Units
4
Additional Details
Road Access
Yes
Amenities
hurricane accordion shutters
privacy fence
3 vehicle entrance gates
2 pedestrian gates
central A/C
private laundry
patio access
split AC
outdoor storage
Building Details
Year Built
1946
Listing Agency:
EquiEstate, Corp.
Listed By:
Perla Antonio · License #0522095
(305) 333-9675
Source:
Crexi
Added: Mar 26
Changed: Aug 31
Last Checked: Sep 1 at 9:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EquiEstate, Corp.
Investment Insights
Based on property information with market context.
This 1946 quadplex contains a 3/2 residence, a 1/1 residence, and two studio units. The largest unit features a split-bedroom layout, central A/C, private laundry, and patio access. The 1/1 includes central A/C, a laundry room, and a private enclosed outdoor area. Both studios have separate entrances and split AC systems, with shared patio access.
The property occupies an 8,978 SF corner lot at 3300-3302 SW 10th St in Miami. Hurricane accordion shutters, a privacy fence, three vehicle gates, two pedestrian gates, outdoor storage, and parking on site and along the perimeter are included. The property is in a no-flood zone near the edge of Coral Gables, with access to Downtown Miami, Brickell, and Coconut Grove. Two tenants remain on month-to-month arrangements and may be interested in staying.
The property occupies an 8,978 SF corner lot at 3300-3302 SW 10th St in Miami. Hurricane accordion shutters, a privacy fence, three vehicle gates, two pedestrian gates, outdoor storage, and parking on site and along the perimeter are included. The property is in a no-flood zone near the edge of Coral Gables, with access to Downtown Miami, Brickell, and Coconut Grove. Two tenants remain on month-to-month arrangements and may be interested in staying.
Key Highlights
- Quadplex with 3/2, 1/1, and two studio units
- 8,978 SF corner lot in a no‑flood zone
- 3/2 unit includes central A/C, private laundry, and patio access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,636
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,412,720
$1.4M
Cap Rate 7%
$1,009,086
$1.0M
Cap Rate 9%
$784,844
$784.8K
Market Conditions
NOI Build-Up for 3,522 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$107.8K $30.60/SF
− Vacancy
−$6.9K −$1.95/SF
EGI
$100.9K $28.65/SF
− OpEx
−$30.3K −$8.60/SF
NOI
$70.6K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,412,720
Cap Rate 7%
$1,009,086
Cap Rate 9%
$784,844
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$883.0K – $1.18M
NOI $70,636 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$929.5K
$813.3K – $1.08M
NOI $65,063 @ 7.0% cap · market cap 6.85%
Theoretical Best
Specialty Retail
$2.38M
$2.08M – $2.77M
NOI $166,416 @ 7.0% cap · market cap 17.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,874
Businesses Nearby
Explore this area
Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - A varied unit mix offers central A/C, private laundry, patios, outdoor storage, and parking.
Where is this quadplex located?
The property is located at 3300-3302 SW 10th St Miami, FL.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Quadplex with 3/2, 1/1, and two studio units; 8,978 SF corner lot in a no‑flood zone; 3/2 unit includes central A/C, private laundry, and patio access
